The Passing of the Torch at Berkshire Hathaway Warren Buffett's decision to step down as chairman of Berkshire Hathaway has sent shockwaves through the business world.
Although his departure was expected, its timing and implications are worth examining in closer detail. Buffett's remarkable legacy at Berkshire is undeniable.
From humble beginnings at a failed New England textiles mill, he transformed the Omaha based conglomerate into a financial and industrial powerhouse with a compounded annual return to shareholders of 19.